Nation Lanka Finance's Total Assets for the quarter that ended in Dec. 2024 was රු6,464.21 Mil.
During the past 12 months, Nation Lanka Finance's average Total Assets Growth Rate was -47.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.
During the past 13 years, Nation Lanka Finance's highest 3-Year average Total Assets Growth Rate was 28.70%. The lowest was -29.60%. And the median was 3.45%.
The historical data trend for Nation Lanka Finance's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Nation Lanka Finance's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nation Lanka Finance (COL:CSF.N0000) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Nation Lanka Finance's Asset Turnover for the quarter that ended in Dec. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Nation Lanka Finance Total Assets Related Terms
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Nation Lanka Finance PLC is engaged in the business of financial services. The firm's activities include microfinance, hire purchase, loans, pawnbroking, financial services, trading in real estate, and property development. Its segments include Lending, Property Development and Services. The company operates across multiple locations in Sri Lanka. The primary and the majority source of income for the company is the interest income from the lending portfolio.
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